Tag: patent troll
US House passes bill to expose patent trolls
WSJ.com reports that the US House of Representatives has passed a bill targeting patent trolls. The House adopted an amendment from Rep. Jared Polis (D., Colo.) that would require patent holders to disclose their ultimate parent entity when filing lawsuits, to prevent them from hiding behind shell companies. It also approved an amendment from Mr.…
Bill passed to curb patent trolling
The issue of patent trolls has been around for a long time, and many companies have been on the receiving end of litigation from patent trolls that want to make a quick buck. One of the major challenges when dealing with patent trolls is that defending your position also costs money, which isn’t something that…
Newegg loses a patent dispute, ordered to pay $2.3 million
Newegg has won the fight against patent trolls before, but it loses this round. Next up will be the appeal. Jury: Newegg infringes Spangenberg patent, must pay $2.3 million TQP’s single patent is tied to a failed modem business run by Michael Jones, formerly president of Telequip. The company has acquired more than $45 million…